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Old 02-10-2009, 12:35 PM   #1
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Default How much is Cassel worth?

Let's presume that someone comes up with compensation to the patriots. What sort of contract should Cassel be willing to take. It goes without saying that guaranteed compensation for 2009 of at least $14.6M is a given.

The basic question is how much bonus and salary should Cassel require to extend the contract. There is a risk of injury and that he won't play wll, so there is certainly advantage in signing a long-term contract, but, IMHO, without a larger bonus. After all, the new team could simply cut him after the season.

To make the poll easier, I will presume a 4 year contract. I also assume no backending, just a normal an approximately 20% salary increase each year.
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Old 02-10-2009, 12:37 PM   #2
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Default Re: How Much Is Cassel Worth?

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Originally Posted by mgteich View Post
To make the poll easier, I will presume a 4 year contract. I also assume no backending, just a normal an approximately 20% salary increase each year.
There can't be any, because of the impending end of the salary cap; salary increases are strictly limited to 30% of the 2009 salary (i.e., $5M in 2009 = max $1.5M rise each subsequent year).
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Old 02-10-2009, 12:47 PM   #3
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Default Re: How Much Is Cassel Worth?

I figure Cassel will get about $30 million over 4 years.

He and his agent will want it to work out where he's guaranteed at least as much as his franchise tender, while still working within the parameters of the maximum increase in the uncapped years. They also don't want a contract that will be so high at the end that the team has no choice but to cut high in year 4. Perhaps something like an $8 mil signing bonus, with salaries of $4 mil, $5 mil, $6 mil, and $7 mil.
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Old 02-10-2009, 12:51 PM   #4
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Default Re: How Much Is Cassel Worth?

Cassel will probably get a bit more than what Derek Anderson got from the Browns, so i'm guessing like a 4 year 35 mil or something in that range...
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Old 02-10-2009, 12:57 PM   #5
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Default Re: How Much Is Cassel Worth?

I didn't type fast enough to add the poll (5 minute limit), so let's just discuss it. A team would of course also need to compensate the patriots.

ASSUMPTION 1: 4 year contract
ASSUMPTION 2: 20% annual salary increase
ASSUMPTION 3: A minimum guaranteed 2009 compensation of more than $14.6M

SOME OPTIONS
1) $30M = $14M bonus and $3M salary (guaranteed in 2009) $6.50M cap hit
2) $36M = $20M bonus and $3M salary (guaranteed in 2009) $8.00M cap hit
3) $41M = $25M bonus and $3M salary (guaranteed in 2009) $9.25M cap hit
4) $36M = $14M bonus and $4M salary (guaranteed in 2009) $7.50M cap hit
5) $42M = $20M bonus and $4M salary (guaranteed in 2009) $9.00M cap hit
6) $47M = $25M bonus and $4M salary (guaranteed in 2009) $10.25M cap hit
7) higher
8) now that I see the numbers, no one would give a pick for Cassel
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Old 02-10-2009, 01:01 PM   #6
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Default Re: How Much Is Cassel Worth?

good comparison with Anderson, but with the damand for QB's today by TB despite Mcwhatever, MN, Det, Jets, KC, maybe even SF...I think itll be about 4yr/$40M to lock him up.
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Old 02-10-2009, 01:01 PM   #7
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Default Re: How Much Is Cassel Worth?

Cassel should get about $9-10 million a year in my estimates. He may not be worth that, but that may be the going rate.
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Old 02-10-2009, 01:01 PM   #8
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Default Re: How Much Is Cassel Worth?

I've made my feelings on the matter clear.

If I'm the Patriots, I value him less. I'd value him as a good backup capable of starting, I'd pay him in the same manner we pay Jarvis Green - money thats in between starting and backup levels.

If I'm another team, I see him as a starting caliber QB, with question marks, but with high upside, and I pay him Aaron Rodgers type money.
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Old 02-10-2009, 01:01 PM   #9
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Default Re: How Much Is Cassel Worth?

Why should Cassel accept anything less than $14.6M guaranteed for 2009? What you have him doing is to give the team the right to pay him $5M, $6M and $7M in year 2, 3 and 4. And for that team option, Cassel gives up $2.6M. I would think the 2009 compensation must be more than $14.6M.

Quote:
Originally Posted by jmt57 View Post
I figure Cassel will get about $30 million over 4 years.

He and his agent will want it to work out where he's guaranteed at least as much as his franchise tender, while still working within the parameters of the maximum increase in the uncapped years. They also don't want a contract that will be so high at the end that the team has no choice but to cut high in year 4. Perhaps something like an $8 mil signing bonus, with salaries of $4 mil, $5 mil, $6 mil, and $7 mil.
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Old 02-10-2009, 01:03 PM   #10
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Default Re: How Much Is Cassel Worth?

Quote:
Originally Posted by jmt57 View Post
I figure Cassel will get about $30 million over 4 years.

He and his agent will want it to work out where he's guaranteed at least as much as his franchise tender, while still working within the parameters of the maximum increase in the uncapped years. They also don't want a contract that will be so high at the end that the team has no choice but to cut high in year 4. Perhaps something like an $8 mil signing bonus, with salaries of $4 mil, $5 mil, $6 mil, and $7 mil.
I think $30 million will be around his guaranteed money. Not his total compensation. Look at the contracts being handed out to QBs and that isn't all that unreasonable guarantee money especially since a team is hoping he will be a franchise QB.
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